Sugar shipments from India, the second-biggest producer, have slowed after domestic prices climbed to a 15-month high and as a delay in announcement of export incentives deters traders, the largest refiner said.
Exports may total about 300,000 tons in the six months through September, compared with 1.5 million tons in the prior six months, Narendra Murkumbi, managing director of Shree Renuka Sugars (SHRS) Ltd., said in a phone interview on May 5.
May 11, 2014
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